SABMiller: Beer and Boom in Africa
Africa is booming. The world’s last economic frontier still confronts massive problems from the ongoing global land grab to water issues, but nevertheless, this is a continent that is on the move. PepsiCo is one company set to invest in Africa, and Unilever is another in the consumer goods space. Then there is beer.
SABMiller, the global beer giant, is part of this economic machine. The video, well, and advertisement, is a great “Africa Economy 101” for those who are not aware about Africa’s growth potential. The revenues that SABMiller generates is huge--up to seven percent of taxes in Mozambique alone.
I suggest watching the two minute clip below. Imagine what is going on between SABMiller and this emerging market multiplied by dozens, and the potential in Africa is huge--provided these companies also invest in sustainable development.
[Image credit: SABMiller]